XML 60 R72.htm IDEA: XBRL DOCUMENT v2.4.0.8
INCOME TAXES (Details 3) (USD $)
Apr. 30, 2013
Apr. 30, 2012
Deferred tax assets:    
Allowance for doubtful accounts $ 226,998 $ 246,238
Inventory markdown reserve 3,597 0
Reserve for loss on work-in-progress 8,610 648,096
Net operating loss carryforward 484,827 180,741
Bonus and vacation accruals 148,282 86,120
Non-qualified stock options 67,050 51,712
Federal benefit for foreign tax credit 132,800 132,800
Valuation allowance (966,902) (972,884)
Deferred tax assets-current 105,262 372,823
Intangible assets 3,375 3,682
Goodwill 39,210 42,782
Property and equipment 355,489 355,489
Net operating loss carryforward 8,551,386 6,889,345
Valuation allowance (8,853,193) (6,586,769)
Deferred tax assets-long-term 96,267 704,529
Deferred tax liabilities:    
Deferred revenue (13,888) (65,273)
Deferred tax liabilities-current (13,888) (65,273)
Property and equipment (111,801) (134,661)
Intangible assets (75,840) (118,107)
Cumulative translation adjustments 0 (207,762)
Deferred tax liabilities-long-term (187,641) (460,530)
Net deferred tax assets $ 0 $ 551,549